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Daily Dispatches
If you're sore about the London gold fixing, contact Berger & Montague
Submitted by cpowell on Thu, 2014-03-06 15:41 Section: Daily Dispatches3:38p ET Thursday, March 6, 2014
Dear Friend of GATA and Gold:
GATA's sometime lawyers, Berger & Montague in Philadelphia, a leading national antitrust law firm, are among those investigating complaints about the daily London gold price fixing, whose suppression of the gold price was documented by GATA's late board member Adrian Douglas in 2010:
Russia said to seek repeal of U.S. veto at IMF
Submitted by cpowell on Thu, 2014-03-06 15:13 Section: Daily DispatchesRussia Wants IMF to Move Ahead on Reforms Without U.S., Sources Say
By Anna Yukhananov and Lidia Kelly
Reuters
Thursday, March 6, 2014
Russian officials are pushing for the International Monetary Fund to move ahead with planned reforms without the United States, which could mean the loss of the U.S. veto over major decisions at the global lender, sources said.
No legitimate claim to $10 million California gold find, firm says
Submitted by cpowell on Wed, 2014-03-05 19:48 Section: Daily DispatchesBy Laila Kearney
Reuters
Wednesday, March 5, 2014
The currency firm representing a California couple who found $10 million worth of rare Gold Rush-era coins buried on their property says no valid claim to the collection has emerged, despite rumors that the stash was swiped in a 1901 heist.
Bernanke begins trading on Fed service, and maybe its secrets
Submitted by cpowell on Wed, 2014-03-05 15:56 Section: Daily DispatchesBernanke Enjoys 'Fruits of Free Market' with First Post-Fed Speech
By Jonathan Spicer and Mirna Sleiman
Reuters
Wednesday, March 5, 2014
Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.
Russia and China nudging the world away from dollar and toward gold, Stoferle says
Submitted by cpowell on Wed, 2014-03-05 15:05 Section: Daily Dispatches3p ET Wednesday, March 5, 2014
Dear Friend of GATA and Gold:
Writing today at King World News, Ronald-Peter Stoferle, market analyst for Incrementum AG in Liechtenstein, sees Russia and China nudging the world away from the dollar-based financial system and toward one based more on gold:
Koos Jansen interviews Goldbroker's Fabrice Drouin Ristori
Submitted by cpowell on Wed, 2014-03-05 14:55 Section: Daily Dispatches2:55p ET Wednesday, March 5, 2014
Dear Friend of GATA and Gold:
London gold broker says swings in prices no sign of manipulation
Submitted by cpowell on Wed, 2014-03-05 13:07 Section: Daily DispatchesBy Nicholas Larkin
Bloomberg News
Wednesday, March 5, 2014
The chief executive officer of Sharps Pixley Ltd., who has traded gold for 30 years, challenged a study that says the market's price-setting mechanism is susceptible to manipulation, compromising the $19.6 trillion of the precious metal that trades annually.
New York trader sues London gold fix banks, charging manipulation
Submitted by cpowell on Wed, 2014-03-05 08:52 Section: Daily DispatchesBy Bob Van Voris
Bloomberg News
Wednesday, March 5, 2014
Barclays Plc, Deutsche Bank AG, and three other banks were accused in a lawsuit of manipulating the London gold fix, a benchmark used throughout the $20 trillion market for the metal.
Bank of England suspends employee as notes show currency rig concerns from 2006
Submitted by cpowell on Wed, 2014-03-05 08:46 Section: Daily DispatchesBy Scott Hamilton, Gavin Finch, and Liam Vaughan
Bloomberg News
Wednesday, March 5, 2014
The Bank of England suspended a staff member and published records showing concerns about risks of benchmark currency-rate manipulation were raised in meetings as early as July 2006.
News reports on market rigging are more important to gold than Ukraine, Turk says
Submitted by cpowell on Tue, 2014-03-04 22:43 Section: Daily Dispatches10:41p ET Tuesday, March 4, 2014
Dear Friend of GATA and Gold:
Mainstream financial news media reports acknowledging suspicion of gold market manipulation are more important to the gold market than the turmoil in Ukraine, GoldMoney found and GATA consultant James Turk tells King World News today:
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